Japan Kato: Won’t sell us Treasury holdings just from standpoint of US-Japan relations

Japan finmin Kato:There is no preset standard on what is appropriate size of Japan’s foreign reservesDon’t think size of Japan’s foreign reserves is too bigWe hold foreign reserves in case we need to conduct FX interventionWon’t sell…

AUD/USD and NZD/USD soft, US equity index futures also very heavy

AUD and Kiwi$ hit their lowest since 2020 a few minutes ago. KRW hit its lowest since 2009 vs. USD.ES and NQ are off around 2%, extending their losses after a very heavy Tuesday. Trump appears not to care too much, doubling down on the finger…

EUR/USD jumping back above 1.1000, taking some pressure off 'risk' FX

I posted on the weakness in AUD and NZd:AUD/USD and NZD/USD soft, US equity index futures also very heavyBoth have bounced 30+ points from their lows, with the euro performing very strongly indeed. How much longer before we all start to talk…

PBOC sets USD/ CNY reference rate for today at 7.2066 (vs. estimate at 7.3348)

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan…

ex-JPMorgan’s Kolanovic: Market turmoil unprecedented, Fed response unusually muted

Views from Marko Kolanovic.He says on the current market crisis, calling it unlike anything he’s witnessed in decades of experience spanning the Greenspan, Bernanke, Yellen, and Powell eras of the Federal Reserve. Having been ranked the…

Reserve Bank of New Zealand cuts rate by 25bp, as widely expected

Reserve Bank of New ZealandMonetary Policy Committee today agreed to reduce the Official Cash Rate by 50 basis points to 3.75%. If economic conditions continue to evolve as projected, the Committee has scope to lower the OCR further through…

XRP News Today: Bullish Forecasts Clash With Trade War Fears and SEC Uncertainty...

BTC – Nasdaq – Hourly Chart – 090425BTC-Spot ETFs Extend Outflow Streak Four Sessions Tariff developments also weighed on BTC-spot ETF flows. According to Farside Investors, BTC-spot ETF flows for April 8 included: Bitwise Bitcoin ETF…

Risk sentiment to stay weak in near term; yen may strengthen further

Investor risk appetite is expected to remain subdued in the near term, according to Hirofumi Suzuki, chief FX strategist and head of Treasury Research at SMBC. reciprocal U.S. tariffs fully in effect later todayrisk sentiment is likely to…

Wall Street Journal's Timiraos on the Federal Reserve: “They are in a no-win situation”

Notable Fed watcher Nick Timiraos' latest in the Wall Street Journal:Trump’s Tariffs Put Fed Chair Powell in a ‘No-Win Situation’The Journal is gated, but his tweet is a good summary of the main points:I suspect Trump will get a bit…

Japanese Yen and Aussie Dollar Forecasts: Risk-Off Mood Builds on Fresh Tariffs...

USDJPY – Daily Chart – 090425Explore expert forecasts and trade setups for USD/JPY in our latest market analysis here. Shifting focus to the Australian Dollar, stimulus measures in China, and ongoing trade tensions are back in the spotlight. AUD/USD…